Presenting an account of the 1975 activities and interests of the Americans for Indian Opportunity (AIO is an organization which was initiated in 1970 to serve as both a catalytic and unifying force in the American Indian community), this annual report briefly describes the following: the need for AIO; facts regarding the socioeconomic status of Native Americans; Indian control of Indian natural resources; AIO's role as a liaison between the Federal government and the Indian community; AIO involvement of the non-Indian world in the support of the Indian community; information sharing (the Thursday meetings of all Washington based national Indian organizations; "Red Alerts", a newsletter designed to communicate crucial issues in a timely manner; and the information service); training of resident interns for research in connection with tribal resources; awards to outstanding Americans for Indian opportunities; auditors' opinions; and financial statements (includes 1974-75 balance sheet; statement of support, revenue, and expenses and changes in fund balances for the year ended October 31, 1975; and statement of functional expenses for the year ended October 31, 1975 with comparative totals for 1974). (JC)